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The Tea Party started as a fiscal sanity party but their members....

yes the tea party began as some sort of ill equipped uneducated point of view on fiscal sanity......note both actual parties the dems and repubs dont vote for balancing the budget......

balancing the budget would be bad for the US....the trade deficits would sky rocket.....

industrialists at home would lose out on much of their profiteering......after all welfare and social spending end up mainly as profits with the fortune 2000.......

so cutting the govt deficits in the bad times is bad for almost everyone in the US......and actually cutting the deficits in the good times is not so good either.....

Bill Clinton was only successful because RR had been president in the 1980s.....Clinton enjoyed supply side econ success....

a strong dollar under Clinton's tax scheme and somewhat balanced budgets led to outsourcing and less by way of retirement savings....we had a strong dollar so you need and could earn fewer dollars in aggregate.......

better to start with a weak dollar when saving for retirement and then be happy if the dollar strengthens.....

Bush inherited a pretty poor situation and made it worse......Obama will have a mandate to bring us back to the 1950s and 60s style of demand side econ....but this time with lower taxes on the wealthy than last time.....

but if we dont raise taxes on the wealthy now.....later when our govt debt is higher the taxes will go much higher....common sense.....

Dave
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